Farmington Office Space

Farmington

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
3,000
As of: July 19, 2017

Farmington Rates

On average, listings lease in the $30's per square foot per year. The Farmington region is experiencing a a rise in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 41% rise in rent.

Farmington Listing Supply

In the last 90 days, 2 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 150% of the available space in the Farmington are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this market were built in 2014 and are Class B.

Farmington Community

Market Report

Trends and status of the commercial real estate market in Farmington.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Farmington.
Research